An RSS feed generated from the news aggregator for CPI Financial http://www.cpifinancial.net/news Wed, 22 May 2013 00:00:00 -0500 Wed, 22 May 2013 12:31:22 -0500 copyrights 2013 CPI Financial. All rights reserved. en The Islamic Development Bank's Board of Governors (BoG) yesterday (22 May) approved to more than triple the bank's authorised capital to 100 billion Islamic dinars (about $150 billion) from 30 billion dinars, reflecting the bank's strong balance sheet and the growing economic development needs of its 56 member countries. http://www.cpifinancial.net/news/category/islamic-finance/post/20881/islamic-development-bank-triples-authorised-capital-to-150-billion net.cpifinancial.news.news-20881 Thu, 23 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Bahrain's Al Salam Bank and BMI Bank, an affiliate of Oman's Bank Muscat, have announced plans to merge, a tie-up which would create the kingdom's third-largest bank by assets, the lenders said in a statement. http://www.cpifinancial.net/news/category/islamic-finance/post/20880/two-bahraini-banks-in-merger-talks-as-consolidation-picks-up net.cpifinancial.news.news-20880 Thu, 23 May 2013 00:00:00 -0500 CPI Financial News Channel Commercial Banking Islamic Finance RAM Ratings has reaffirmed the AA2 long-term rating of Tanjung Bin Power’s Sukuk Ijarah Programme of up to MYR 4.5 billion in nominal value with a stable outlook. http://www.cpifinancial.net/news/category/islamic-finance/post/20879/ram-ratings-reaffirms-aa2-rating-of-tanjung-bin-powers-sukuk net.cpifinancial.news.news-20879 Thu, 23 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance The Boards of Directors of Bahraini retail and commercial banking institution, BMI Bank and Al-Salam Bank-Bahrain today (22 May) announced their in principle agreement to proceed with discussions to merge the two banks to create the third largest Bank in Bahrain. http://www.cpifinancial.net/news/category/islamic-finance/post/20865/bmi-bank-asbb-boards-of-directors-approve-merger net.cpifinancial.news.news-20865 Wed, 22 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Commercial Banking HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs, headed the UAE delegation participating at the 38th annual meeting of Board of Governors of the Islamic Development Bank (IDB) in Tajikistan. The meeting took place over two days from 21- 22 May 2013. http://www.cpifinancial.net/news/category/islamic-finance/post/20860/he-obaid-humaid-al-tayer-heads-uae-delegation-at-38th-annual-meeting-of-idb-board net.cpifinancial.news.news-20860 Wed, 22 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Kuwait Finance House (KFH) took part in the 24th Engineering Design Expo for the College of Engineering and Petroleum at Kuwait University. http://www.cpifinancial.net/news/category/islamic-finance/post/20858/kfh-sponsors-12-graduation-projects-of-college-of-engineering-and-petroleum-students net.cpifinancial.news.news-20858 Wed, 22 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Commercial Banking Under the auspices of the President of the Republic of Tajikistan, the Board of Governors of the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), member of Islamic Development Bank (IDB) Group, approved in its 20th Annual Meeting, held today (22 May 2013) in Dushanbe, the Annual Report and the Financial Results for 1433H (2012). http://www.cpifinancial.net/news/category/islamic-finance/post/20857/iciec-supports-member-countries-by-more-than-3-billion-in-2012 net.cpifinancial.news.news-20857 Wed, 22 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance MARC has withdrawn its AAAIS rating on IJN Capital's MYR 209 million Sukuk Musyarakah Programme following the full redemption of the outstanding MYR 30 million on March 21, 2013 and cancellation of the programme as confirmed by the facility agent on May 20, 2013. http://www.cpifinancial.net/news/category/islamic-finance/post/20855/marc-withdraws-rating-ijn-capitals-sukuk-musyarakah-programme net.cpifinancial.news.news-20855 Wed, 22 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance MARC has affirmed its MARC-1ID/AAAID ratings on Sime Darby Berhad's (Sime Darby) MYR 4.5 billion Islamic Medium Term Notes Programme (IMTN Programme) and MYR 500 million Islamic Commercial Papers (ICP) with a combined limit of MYR 4.5 billion (ICP/IMTN Programme); the outlook of the ratings is stable. http://www.cpifinancial.net/news/category/islamic-finance/post/20854/marc-affirms-ratings-on-sime-darbys-icp-imtn-programme net.cpifinancial.news.news-20854 Wed, 22 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance In a first-of-its-kind transaction in post-revolution Egypt, Crowell & Moring's Cairo office has advised the Abu Dhabi Islamic Bank-Egypt in connection with an Islamic finance facility extended to Maridive and Oil Services SAE. http://www.cpifinancial.net/news/category/islamic-finance/post/20851/crowell-moring-cairo-advises-adib-egypt-on-islamic-finance-deal net.cpifinancial.news.news-20851 Wed, 22 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance The Roadshow, which starts at Muscat Grand Mall (MGM) on Thursday, May 23rd will promote services offered by the bank. http://www.cpifinancial.net/news/category/islamic-finance/post/20849/bank-nizwa-prepares-for-muscat-roadshow net.cpifinancial.news.news-20849 Wed, 22 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Emirates NBD Properties, the real estate arm of Emirates NBD, recently concluded a AED 122 million deal for retail space in Index Tower, located in the Dubai International Financial Centre (DIFC). The deal has been formalised through the signing of Sale and Purchase Agreement (SPA) with Emirates REIT, the first GCC Shari’ah-compliant Real Estate Investment Trust. http://www.cpifinancial.net/news/category/islamic-finance/post/20847/emirates-nbd-properties-signs-agreement-with-emirates-reit net.cpifinancial.news.news-20847 Wed, 22 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Commercial Banking Investments EFG Hermes, Egypt's biggest investment bank, saw net profit jump 27 per cent in the first quarter from the same period a year earlier, the bank said on Wednesday. http://www.cpifinancial.net/news/category/islamic-finance/post/20845/egypts-efg-hermes-says-q1-net-profit-jumps-27-pct net.cpifinancial.news.news-20845 Wed, 22 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Turkey's Capital Markets Board is working on five new types of Sukuk issues as it seeks to allow wider use of Islamic bonds, the board's Chairman said on Wednesday. http://www.cpifinancial.net/news/category/islamic-finance/post/20843/turkey-seen-allowing-five-new-sukuk-issue-types net.cpifinancial.news.news-20843 Wed, 22 May 2013 00:00:00 -0500 CPI Financial News Channel Markets Islamic Finance MARC has affirmed its AAAID rating on Cagamas MBS Berhad's MYR 2,050.0 million asset-backed Sukuk Musyarakah issuance (CMBS 2005-1) with a stable outlook. http://www.cpifinancial.net/news/category/islamic-finance/post/20841/marc-affirms-ratings-on-cagamas-mbs-myr-2-050-million-sukuk net.cpifinancial.news.news-20841 Wed, 22 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Dar Al Arkan Real Estate Development Company has announced the launch of a SAR 2.8 billion ($750 million) International Islamic Sukuk Programme, in multiple tranches over a 12 month period. http://www.cpifinancial.net/news/category/islamic-finance/post/20837/dar-al-arkan-closes-first-tranche-of-750-sukuk net.cpifinancial.news.news-20837 Wed, 22 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance AHAB's global legal coordinators at Lewis Baach PLLC have issued a strongly worded criticism of a report being published in Washington entitled The Importance of International Standards in Managing Defaults in Islamic Finance, describing it as a paid media stunt to attack Saudi regulators and noting that the report’s financial backers are unknown. http://www.cpifinancial.net/news/category/islamic-finance/post/20836/ahab-responds-to-sonecons-report-and-planned-teleconference net.cpifinancial.news.news-20836 Wed, 22 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Saudi developer Dar Al Arkan has launched a $450 million five-year Islamic bond offering, a document from lead managers said on Tuesday, in the real estate firm's first international bond sale in more than three years. http://www.cpifinancial.net/news/category/islamic-finance/post/20816/saudis-dar-al-arkan-launches-450-million-sukuk net.cpifinancial.news.news-20816 Tue, 21 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Mohammad Al-Omar, CEO of Kuwait Finance House, said that KFH had sold one of its investment real estate logging KWD 26.3 million as a net profit. http://www.cpifinancial.net/news/category/islamic-finance/post/20814/kfh-makes-kwd-26-3-million-net-profit-from-investment-real-estate net.cpifinancial.news.news-20814 Tue, 21 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Investment Banking Islamic Banking Division (ADCB-IBD) announced the signing of a memorandum of understanding with Omeir Travel Agency, to provide eligible customers of Omeir Travel Agency with its newly launched Service Ijarah Travel Finance. http://www.cpifinancial.net/news/category/islamic-finance/post/20810/adcb-ibd-signs-mou-with-omeir-travel-agency net.cpifinancial.news.news-20810 Tue, 21 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance RAM Ratings has received confirmation that Malayan Banking (Maybank) fully redeemed its MYR 1.5 billion Islamic Subordinated Bonds (2006/2018) on the first call date of 15 May 2013. http://www.cpifinancial.net/news/category/islamic-finance/post/20807/maybank-fully-redeems-myr-1-5-billion-islamic-subordinated-bonds net.cpifinancial.news.news-20807 Tue, 21 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Markets Thomson Reuters today (21 May) launched an Islamic Finance Development Indicator in collaboration with the Islamic Corporation for the Development of the Private Sector (ICD), the private sector development arm of the Islamic Development Bank (IDB). http://www.cpifinancial.net/news/category/islamic-finance/post/20803/thomson-reuters-icd-launch-islamic-finance-indicator net.cpifinancial.news.news-20803 Tue, 21 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Saudi developer Dar Al Arkan has lowered price guidance on its planned Islamic bond issue, a document from lead bankers on the issue showed on Tuesday. http://www.cpifinancial.net/news/category/islamic-finance/post/20796/saudis-dar-al-arkan-tightens-guidance-on-planned-sukuk net.cpifinancial.news.news-20796 Tue, 21 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance National Bank of Bahrain (NBB) and SIO Asset Management Company (SIOAM) have announced that they have completed the purchase of The Investment Dar KSC's (TID) and associated companies shareholding of 51.6 per cent in Bahrain Islamic Bank BSC (BisB). http://www.cpifinancial.net/news/category/islamic-finance/post/20784/national-bank-of-bahrain-sio-asset-management-complete-purchase-of-bahrain-islamic-bank-shares net.cpifinancial.news.news-20784 Tue, 21 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Commercial Banking MARC has assigned a final rating of AAAIS to TNB Northern Energy Berhad's (TNB Northern Energy) issuance of Islamic securities (Sukuk) of up to MYR 2.0 billion with a stable outlook. http://www.cpifinancial.net/news/category/islamic-finance/post/20772/marc-assigns-final-ratings-to-tnb-northern-energys-myr-2-billion-sukuk net.cpifinancial.news.news-20772 Mon, 20 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Senior executive leaders from the Islamic banking and finance industry representing high-growth markets across Asia, the Middle East and beyond to gather in Singapore at the 4th Annual World Islamic Banking Conference: Asia Summit (WIBC Asia 2013) to address the challenges and opportunities in the increasingly global footprint of Islamic finance. http://www.cpifinancial.net/news/category/islamic-finance/post/20767/international-connectivity-vital-for-further-growth-of-the-islamic-banking-industry net.cpifinancial.news.news-20767 Mon, 20 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Gulf Capital has announced that one of its portfolio companies, Gulf Marine Services (GMS), is working with Abu Dhabi Islamic Bank (ADIB) on finalising the syndication of a AED 1.32 billion ($360 million) http://www.cpifinancial.net/news/category/islamic-finance/post/20766/gulf-marine-services-announces-aed-1-32-billion-islamic-financing-facility net.cpifinancial.news.news-20766 Mon, 20 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Commercial Banking Saudi real estate developer Dar Al Arkan aims to return to global debt markets after more than three years this week with an Islamic bond, aiming to take advantage of low borrowing costs to finance future growth. http://www.cpifinancial.net/news/category/islamic-finance/post/20751/saudis-dar-al-arkan-to-sell-benchmark-sized-sukuk-this-week net.cpifinancial.news.news-20751 Mon, 20 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance EIFB will focus on opportunities for trading Shari'ah-compliant shares listed on NASDAQ Dubai, as well as other Shari'ah securities that become listed in due course. http://www.cpifinancial.net/news/category/islamic-finance/post/20741/nasdaq-dubai-welcomes-emirates-islamic-financial-brokerage-as-member net.cpifinancial.news.news-20741 Sun, 19 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Markets Gatehouse Bank (Gatehouse) has launched a number of new products which it says are designed to add value for the benefit of its international client base. http://www.cpifinancial.net/news/category/islamic-finance/post/20740/gatehouse-bank-launches-new-products net.cpifinancial.news.news-20740 Sun, 19 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance The Board of Directors of Barwa Bank Group held its Board Meeting chaired by H.E Sheikh Mohammed Bin Hamad Bin Jassim Al Thani, Chairman and Managing Director of Barwa Bank. http://www.cpifinancial.net/news/category/islamic-finance/post/20735/barwa-bank-group-board-of-directors-holds-its-meeting net.cpifinancial.news.news-20735 Sun, 19 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Emirates Islamic Bank (EIB) has launched a ‘Win back your Personal Finance,’ campaign that offers customers the opportunity to win three prizes of up to a maximum of AED 100,000 each, which will be adjusted against the outstanding  personal finance facility. http://www.cpifinancial.net/news/category/islamic-finance/post/20724/emirates-islamic-bank-launches-win-back-your-personal-finance net.cpifinancial.news.news-20724 Sat, 18 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Consumer Banking The International Islamic Liquidity Management Corp (IILM), which plans to issue its maiden sukuk by June this year, is facing its final hurdle as it aims to secure a network of distributors. http://www.cpifinancial.net/news/category/islamic-finance/post/20720/iilm-seeks-to-secure-primary-dealers-ahead-of-maiden-sukuk net.cpifinancial.news.news-20720 Fri, 17 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance On the second day of the 10th IFSB Summit, key leaders in the Islamic financial services industry (IFSI) deliberated on the role of innovation and inclusion to further develop the industry and support economic growth. Themed, “The Future of the Islamic Financial Services Industry: Resilience, Stability and Inclusive Growth”, the Summit took place on 16 and 17 May 2013 at Sasana Kijang, Kuala Lumpur. Bank Negara Malaysia is the host of the Summit. http://www.cpifinancial.net/news/category/islamic-finance/post/20717/final-sessions-of-10th-ifsb-summit-on-the-future-of-islamic-financial-services net.cpifinancial.news.news-20717 Fri, 17 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance In the first part of the 10th IFSB Summit, key leaders in the Islamic financial services industry (IFSI) shared their thoughts on the industry’s developments following the global financial crisis, namely in the areas of regulatory reforms, cross-sectoral approach to the regulation of Islamic finance, and prospects and challenges for new jurisdictions. http://www.cpifinancial.net/news/category/islamic-finance/post/20716/10th-ifsb-summit-discusses-outlook-for-islamic-finance-following-the-global-financial-crisis net.cpifinancial.news.news-20716 Fri, 17 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance The Bank of London and The Middle East (BLME), Britain's largest standalone Islamic bank, is targeting 15 percent growth in assets this year, with plans for a Dubai office to help boost its capital markets and wealth management offerings. http://www.cpifinancial.net/news/category/islamic-finance/post/20714/blme-eyes-15-per-cent-asset-growth-stronger-gulf-ties net.cpifinancial.news.news-20714 Fri, 17 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Commercial Banking Wealth Management The Islamic Financial Services Board (IFSB) kick-started its 10th Annual Summit with a Keynote Address by the President of the Islamic Development Bank (IDB), H.E. Dr. Ahmad Mohamed Ali Al-Madani. Themed, “The Future of the Islamic Financial Services Industry (IFSI): Resilience, Stability and Inclusive Growth”, the Summit’s proceedings are taking place on 16 and 17 May 2013 at Sasana Kijang, Kuala Lumpur. Bank Negara Malaysia is the host of this tenth edition of the Summit. http://www.cpifinancial.net/news/category/islamic-finance/post/20711/idb-president-delivers-keynote-address-at-10th-islamic-financial-services-board-summit net.cpifinancial.news.news-20711 Fri, 17 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance The Development and Research Unit Manager at Kuwait Finance House (KFH) Adnan Al-Mulla stated that KFH is holding training courses in Islamic basics and Islamic economy to its employees http://www.cpifinancial.net/news/category/islamic-finance/post/20707/kfh-organises-islamic-training-courses-for-its-employees net.cpifinancial.news.news-20707 Thu, 16 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Moody's Investors Service has today (16 May) downgraded Kuwait Finance House's (KFH) long term ratings by one notch to A1 from Aa3. http://www.cpifinancial.net/news/category/islamic-finance/post/20698/moodys-downgrades-kuwait-finance-house-outlook-negative net.cpifinancial.news.news-20698 Thu, 16 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance In line with its commitment to achieve higher Emiratisation rates, Emirates Islamic Bank participated in the Employment Expo 2013 recently hosted by Abu Dhabi Men's College. http://www.cpifinancial.net/news/category/islamic-finance/post/20697/emirates-islamic-bank-participates-at-campus-career-fairs net.cpifinancial.news.news-20697 Thu, 16 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance The Islamic Development Bank (IDB), a Jeddah-based multilateral institution, has called for the creation of a global shari'ah advisory board that can offer greater uniformity for the Islamic finance industry, its president said on Thursday.<!--[if gte vml 1]> http://www.cpifinancial.net/news/category/islamic-finance/post/20694/islamic-finance-needs-global-shariah-board-idb-president net.cpifinancial.news.news-20694 Thu, 16 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Al Hilal continues to leverage its investment in Test Automation, upgrading its core banking system from T24 R8 to R12 using the regression testing capabilities of the TestManager™ solution. http://www.cpifinancial.net/news/category/islamic-finance/post/20693/automated-regression-testing-is-core-to-al-hilal-banks-t24-program net.cpifinancial.news.news-20693 Thu, 16 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Technology London-based firm Cobalt has developed a sharia-compliant insurance platform that uses a syndication model to help spread risk across a panel of underwriters, a novel format that could boost capacity in the sector. http://www.cpifinancial.net/news/category/islamic-finance/post/20692/london-firm-cobalt-unveils-islamic-insurance-platform net.cpifinancial.news.news-20692 Thu, 16 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Insurance Islamic Development Bank, a Jeddah-based multilateral institution, has picked eight banks to arrange a series of meetings with fixed income investors ahead of a potential sukuk issue, lead managers said on Thursday. http://www.cpifinancial.net/news/category/islamic-finance/post/20691/islamic-development-bank-picks-banks-for-potential-sukuk-sale net.cpifinancial.news.news-20691 Thu, 16 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance A group of Executive Masters students specialising in Islamic finance from Dauphine University in Paris visited Abu Dhabi Islamic Bank (ADIB) last week, engaging in a lively discussion about the future of Islamic banking with executives from the bank. http://www.cpifinancial.net/news/category/islamic-finance/post/20689/adib-hosts-dauphine-university-students-to-discuss-future-of-islamic-banking net.cpifinancial.news.news-20689 Thu, 16 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Bank Negara Malaysia has accorded Emas status for the issuance of the Sime Darby’s $800 million Sukuk. http://www.cpifinancial.net/news/category/islamic-finance/post/20681/sime-darbys-sukuk-achieves-emas-status net.cpifinancial.news.news-20681 Thu, 16 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance MARC has withdrawn its AA+IS(bg) rating on Aras Sejagat Sdn Bhd's (Aras Sejagat) MYR 500 million Bank Guaranteed Sukuk Ijarah (Sukuk Ijarah) programme. http://www.cpifinancial.net/news/category/islamic-finance/post/20680/marc-withdraws-rating-on-aras-sejagat-sdns-myr-500-million-sukuk net.cpifinancial.news.news-20680 Thu, 16 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Dubai Islamic Bank Group (DIB) has announced that its Long Term Issuer ratings have been affirmed by Moody’s at Baa1. The bank ratings, put on a review late last year when Moody’s took action on all major Dubai-based banks, have now been affirmed and the outlook has been moved to “Stable” indicating no further pressure on the ratings. http://www.cpifinancial.net/news/category/islamic-finance/post/20674/dubai-islamic-bank-ratings-affirmed-by-moodys net.cpifinancial.news.news-20674 Thu, 16 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Commercial Banking MARC has downgraded its ratings on Kinsteel Berhad's (Kinsteel) MYR 100.0 million Murabahah Commercial Papers/Medium Term Notes (CP/MTN) Programme and MYR 100.0 million Murabahah Medium Term Notes (MTN) Programme to MARC-3ID/BBBID and BBBID from MARC-2ID/A-ID and A-ID respectively. http://www.cpifinancial.net/news/category/islamic-finance/post/20671/marc-downgrades-kinsteels-myr-200-million-islamic-debt-programme net.cpifinancial.news.news-20671 Wed, 15 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance The Ministry of Finance (MoF) recently signed an agreement at its Abu Dhabi premises with the General Authority of Islamic Affairs and Endowments (GAIAE), where GAIAE will be adopting the G2 e- Dirham system to collect fees for services being provided to the local community. http://www.cpifinancial.net/news/category/islamic-finance/post/20665/mof-and-gaiae-sign-mou-to-adopt-the-g2-e-dirham-system-for-collecting-fees net.cpifinancial.news.news-20665 Wed, 15 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance A session introducing ‘My Savings’, a new initiative announced by the Government of Dubai in collaboration with National Bonds Corporation was attended by senior officials, human resource directors and employees from Dubai Public Prosecution. http://www.cpifinancial.net/news/category/islamic-finance/post/20664/dubai-public-prosecution-to-adopt-my-savings-initiative net.cpifinancial.news.news-20664 Wed, 15 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Investments ABC Islamic Bank has announced a net profit of $3.2 million for the first quarter of 2013 compared to $1.6million for the first quarter of last year. http://www.cpifinancial.net/news/category/islamic-finance/post/20657/abc-islamic-bank-q1-net-profit-surges-106-per-cent net.cpifinancial.news.news-20657 Wed, 15 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Results The Kuala Lumpur-based Islamic Financial Services Board (IFSB) plans to issue a guidance note for Islamic banks on the adoption of liquidity standards, warning lenders lack high-quality assets to meet new regulatory requirements under Basel III. http://www.cpifinancial.net/news/category/islamic-finance/post/20644/ifsb-prepares-liquidity-guidance-for-islamic-banks-warns-of-risks net.cpifinancial.news.news-20644 Wed, 15 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance More than 400 international Islamic funds and investment leaders to gather at the 9th Annual World Islamic Funds and Financial Markets Conference to discuss new strategies on boosting the international growth of Islamic capital markets and investments http://www.cpifinancial.net/news/category/islamic-finance/post/20643/global-sukuk-market-expected-to-grow-more-than-140-per-cent-by-2016 net.cpifinancial.news.news-20643 Wed, 15 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance The Islamic Financial Services Board (IFSB) launched the Islamic Financial Services Industry Stability (IFSI) Report 2013 during the Meet the Members Lunch session that was held on 14 May 2013 at Sasana Kijang, Bank Negara Malaysia, Kuala Lumpur. The programme was the first pre-Summit event that was held preceding the 10th IFSB Summit that will be held on 16 and 17 May 2013. http://www.cpifinancial.net/news/category/islamic-finance/post/20631/islamic-financial-services-industry-stability-report-2013 net.cpifinancial.news.news-20631 Tue, 14 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance ‘Bank in Your Hand’ App offers customers access to Noor’s retail banking services on iPhone and iPad http://www.cpifinancial.net/news/category/islamic-finance/post/20610/noor-islamic-bank-launches-reality-mobile-banking-app net.cpifinancial.news.news-20610 Tue, 14 May 2013 00:00:00 -0500 CPI Financial News Channel Islamic Finance Technology